FTMO is a prop trading firm based in the Czech Republic.
In this article, you’ll get a review of this prop firm, including instructions about the challenges and how to pass them to get funded with an FTMO funded account.
Here’s what you’re going to learn:
- What Is FTMO And What Does It Offer
- FTMO Reviews
- FTMO Challenge Rules (Step 1)
- FTMO Verification Rules (Step 2)
- FTMO Free Repeat
- FTMO Free Trial
- FTMO Platforms
- FTMO Trading Hours
- FTMO News Trading
- Is FTMO Legit
- Here’s What You Learned Today
- Learn More
What Is FTMO And What Does It Offer
FTMO is a prop firm located in Prague, Czech Republic, founded in 2014.
What can you trade with FTMO?
FTMO is a prop firm dedicated to Forex and other CFDs trading.
Here’s a list of the assets that you can trade with their accounts:
- Forex: All major, minor, and even exotic pairs are there if you are a Forex trader.
- Indices: Traded as Cash CFD, you have all the important indices available to trade including Dax, Nasdaq, Dow Jones, S&P500, FTSE, and others.
- Commodities: Natural Gas, Crude, and Brent Oil.
- Metals: Silver, Gold, and Palladium
- Stocks: The list is not big, only the 23 US stocks are available.
- Crypto: All the major cryptos are available, like BTC, ETH, LTC, XRP, ADA, DOT, DOGE, and a few more.
What are the FTMO account sizes?
FTMO has different types of funded account sizes and each one has a different cost.
The normal risk accounts go from $10,000 to $200,000. To access the challenges for these accounts you have to pay a one-time refundable fee that goes from €155 (smallest account) to €1080 (biggest account)
The aggressive risk accounts go from $10,000 to $100,000. You can purchase the challenge for these accounts starting from €250 (the smallest one), up to €1080 (the biggest one). The fee is also refundable once you pass the challenges.
What is the FTMO leverage?
Leverage is key to understanding how is an account really worth, regardless of the balance.
Unlike other prop trading firms, that advertise accounts with big balances but tiny leverage, FTMO provides a decent and “normal” leverage on their accounts. The leverage will be different though depending if you are trading a normal account or a swing trading account.
Normal accounts leverage:
- Forex pairs: 1:100
- Metals: 1:50
- Indices: 1:50
- Commodities: 1:50
- Crypto: 1:3.3
- Stocks: 1:10
Swing trading accounts leverage:
- Forex pairs: 1:30
- Metal: 1:15
- Indices: 1:15
- Commodities: 1:15
- Crypto: 1:1
- Stocks: 1:3
How much is the FTMO payout?
The FTMO payout profit split starts at 80:20. You get 80%, and the firm keeps the remaining 20%. But it doesn’t stop here.
When you meet the conditions of their scaling plan, they increase the balance of your account, and at the same time, the payout also increases to 90% for you.
What is the FTMO scaling plan?
The FTMO scaling plan allows you to increase your account size as you keep trading with consistency.
This means that if you keep trading and getting good results with proper risk management, you’ll be able to make more money as your account increases, without increasing the level of risk.
The capital increments happen in four-month cycles and you need to have made at least 10% or 20% of profit on your account (depending on the account type, more below).
The scaling plan will increase your account balance up to $2M per trader.
FTMO Reviews
According to Trustpilot, FTMO is very well classified in terms of reviews. The company has a staggering 4.9/5.0 after 4400+ reviews, which is quite impressive.

FTMO Challenge Rules (Step 1)
The Challenge is the 1st step of the evaluation process.
During the Challenge, you need to follow a series of rules to prove that you have good trading skills and discipline while trying to reach the objectives.
The FTMO Challenge has a maximum duration of 30 days. This means that you have to complete the objectives within this period of time.
But you don’t need to wait for 30 days to complete the Challenge, if you achieve your objectives in a shorter period (minimum of 10 trading days), you’re good to pass to the next step of the evaluation process.
Here are the basic rules of the FTMO Challenge (normal risk account):
- Trading period: 30 days
- Minimum trading days: 10 days
- Maximum daily loss: 5% of the account
- Maximum loss: 10% of the account
- Profit target: 10% of the account
And here’s a table with the values of the rules, considering a normal risk account:

When it comes to the aggressive risk account, the rules change, the maximum losses and profit targets double, while the time to trade remains the same.
Here are the basic rules of the FTMO Challenge (aggressive risk account):
- Trading period: 30 days
- Minimum trading days: 10 days
- Maximum daily loss: 10% of the account
- Maximum loss: 20% of the account
- Profit target: 20% of the account
And here’s a table with all the rules converted to the equivalent in money:

FTMO Verification Rules (Step 2)
The Verification is the 2nd step in the FTMO evaluation and it’s much more relaxed than the previous step. If you were able to complete the 1st step easily, you should have no problem passing this one too.
The rules from this step are pretty similar to the step 1 rules, except for the maximum trading period that doubles and the profit target that gets cut in half.
Here are the rules for this step considering a normal risk account:
- Trading period: 60 days
- Minimum trading days: 10 days
- Maximum daily loss: 5% of the account
- Maximum loss: 10% of the account
- Profit target: 5% of the account
If you are trading an aggressive risk account the rules are these:
- Trading period: 60 days
- Minimum trading days: 10 days
- Maximum daily loss: 10% of the account
- Maximum loss: 20% of the account
- Profit target: 10% of the account
It’s important to notice that you don’t need to pay any fee to take step 2 of the FTMO challenge.
FTMO Free Repeat
FTMO offers free repeats of the Challenge if you were not able to achieve the profit target during the trading period of each step.
As long as you didn’t violate any rule and as long as you’re profitable (although below the profit target) at the end of the trading period, you can repeat the Challenge for free.
Learn how to calculate the maximum safe lot size to avoid trouble breaking the drawdown rule.
FTMO Free Trial
The free trial is a simpler version of the Challenge. As the name states, it’s free, but also doesn’t give you access to a funded account.
The free trial is good for traders that want to test the FTMO trading environment and see if they have what it takes to pass the Challenge. If you are able to pass the free trial successfully, you have a better chance to pass the Challenge too.
FTMO Platforms
FTMO gives you access to the most popular trading platforms used by Forex brokers.
You can use:
- MetaTrader 4
- MetaTrader 5
- cTrader
FTMO Trading Hours
When trading the challenges, FTMO has no requirement about position closing. You can keep them open overnight and during the weekend too.
The exception comes when you are funded with a Topstep account.
Unless you have a Swing Trading account, you are required to close your positions when the following happens:
- Just before the market close for the weekend.
- When the overnight break period is longer than 2 hours.
This last rule applies to all stocks for example, so it’s good to know when does the stock market close so that you can be aware of the time limit to close your positions.
If you are trading crypto, since they usually run throughout the weekend, you may not need to close your existing open positions.
FTMO News Trading
When you are trading the FTMO Challenge, there are no rules to close position during news releases.
When you are funded with a real account, except for the swing account type, you have news trading rules to follow.
Two minutes before and after some important news releases, you are required to close positions from the assets that are affected by the news that is being released. Symbols that are not affected by the news can be traded normally.
Is FTMO Legit?
Yes, FTMO is a legit company.
Here are the contacts to reach them:
- Email: support@ftmo.com
- Phone: +44 2033222983
- Address: Quadrio offices, Purkynova 2121/3, 110 00 Prague, Czech Republic
Here’s What You Learned Today
- FTMO is a prop trading firm based in the Czech Republic.
- You can get a funded account of up to $2 million with a profit split of up to 90%.
- To get access to an FTMO funded account you need to pass a 2-step challenge
- When trading the simulated or live accounts you need to follow rules mainly related to good risk management
- All common Forex trading platforms are supported by FTMO
Learn More
- What is prop trading
- List of the best prop trading firms